20.24BMarket Cap17.78P/E (TTM)
5.690High5.690Low27.60KVolume5.690Open5.800Pre Close157.04KTurnover5.90052wk High0.00%Turnover Ratio3.56BShares2.85052wk Low0.32EPS TTM5.68BFloat Cap25.064Historical High14.19P/E (Static)998.74MShs Float-0.584Historical Low0.401EPS LYR0.00%Amplitude0.15Dividend TTM0.50P/B100Lot Size2.64%Div YieldTTM
Shangri-La HKD Stock Forum
●Singapore shares opened higher on Monday; STI up 0.08%
●MAS to Boost Sustainable Finance in Singapore with AI and Tokenization
●Nearly 1 in 2 Hirers Expect Active Job Market in H1 2024
●Stocks to watch: Shangri-La Asia, Sabana Reit, Best World
●Latest share buy back transactions
-moomoo News SG
Market Snapshot
Singap...
●Singapore shares opened higher on Thursday; STI up 0.24%
●Real estate players turn negative on prime residential sector in Q2: NUS poll
●Bilateral trade in goods between SG-Africa growing at 15% per annum
●Stocks to watch: Prudential, Shangri-La Asia, Penguin International
●Latest share buy back transactions
-mo...
●Singapore shares opened higher on Friday; STI up 0.12%
●GoTo IPO books covered, to raise at least US$1b
●Stocks to watch: Shangri-La Asia, Olam Group, Food Empire
-Moomoo News SG
Market Trend
Singapore shares opened higher on Friday. The $FTSE Singapore Straits Time Index (.STI.SG)$ increased 0.12 per cent to 3,403.78 as at 9.02am.
Advancers / ...
The question is whether SIA can sustain this decline. Next, is of course should SIA continue to under perform, would the investors be alarmed and apply a "stop-loss " principle on $SIA (C6L.SG)$ or $SATS (S58.SG)$ stocks. Personally, I hope not because this blue chip business has solid fiancial back up. Moreover, SIA
has past experiences of facing more adverse situations without faltering.
Currently, I am holding some portions of the losing $SIA (C6L.SG)$ shares but I am not unduly worried. I have pulled the trigger off for those shares but I will not sell them either, because SIA will remain s strong, reliable company for long term investments.
$SIA (C6L.SG)$ shares' prices have been negatively impacted since mid 2019 when Covid 19 pandemic emerged, and travelling was hazardous internationally.
Pre Covid time, our National aircraft was faring extremely well. Travellers worldwide opt to travel in SIA flights because they are awared that when they fly in SIA, they are embarking on a journey of safety and luxurious comfort. Being a prestigious 5 stars aircraft, SIA offers stella service. This aviation service operates 3% of the 10 current longest flights in the world. The inclusion of more countries VTL (vaccinated travel lanes) will ultimately usher in tourist and business locations from UK, US and Italy which are vital long hauls in markets for SIA.
Moving forward, SIA shares will continue to face some challenges in the early Q4 phase. In hindsight however, investors should focus more on the outlook over the next 2 years. I believe by year end, situation will improve, as more people are vaccinated globally and air travel becomes more flexible. By then more travellers are willing to splurge on the next trip.
Once again we can envision SIA flying high to the Moon. Along with this increase trend in travelling, the other travel-related stocks to gain momentum are:
$SATS (S58.SG)$
$Genting Sing (G13.SG)$
$Air Transport Services (ATSG.US)$
$Shangri-La HKD (S07.SG)$
$Marriott International (MAR.US)$
$Las Vegas Sands (LVS.US)$
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